Resource Liability Insurance
DUAL's Resource Liability Insurance delivers simple insurance solutions to the mining oil and gas, and resource sectors.
DUAL Resource Liability offering is available through our WebRater for Contractors up to $10,000,000 in turnover and Exploration Companies up to $20,000,000 in expenditure.
DUAL's Resource Liability Appetite
Capacity Up to $20,000,000
Some of our typical clients include:
- Drilling Contractors
- Blasting Contractors
- Plant & Equipment Hire
- Mine Manager / Supervisor
- Engineering Services
- Diesel Fitters / Mechanics
- Mining Consultants (non-manual)
- Electrical Contractor
- Boilermakers
- And many, many more...
Enhancements under our new Resource Liability Wording include:
- Broad definitions of insured, personal injury and property damage.
- Claims preparation costs - $25,000 sub-limit for professional fees and other such expenses incurred for the preparation of a claim.
- Automatic Hot Work Extension up to the full indemnity limit available for both Contractors and Exploration.
- Contractor’s Optional Extension for Rectification of Faulty Workmanship (Machinery) up to a sub-limit of $25,000 per occurrence and up to $50,000 in the aggregate.
- Contractor’s Optional Extension for Goods on Hook - $250,000 sub-limit.
DUAL can also provide tailored solutions from our dedicated Liability Underwriting Team.
The WebRater - Accelerating Productivity
